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NBG records loss of 2.05 bln in Q4 on one-offs and jump in credit risk provisions
EconomyBankingNBG concluded on Tuesday the release of Greek core banks’ fourth quarter (Q4) results, posting net... million and goodwill write-off of 432 million) 2) One-offs of 138 million, with the bulk stemming from... deposit cost in the Greek market driven by time deposit repricing and deposit mix rebalancing. In contrast
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Newsletter 196 -01/03/2019
of Eurogroup The Greek government has yet to settle on the details of the new framework for primary... with Greek bankers on Wednesday to settle the details of the successor to the Katseli law, which... since Greece exited its bailout – set out nine aspects of the Greek proposal that the country’s
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PM wades in on Turkey dispute as Covid-19 threat grows at home
PoliticsGreek Politicsthese conditions,” said the Greek PM. His intervention came as the Oruc Reis reportedly steered away.... The theme of the Greek leader’s speech was in line with the messages coming from Athens over the past... into the Aegean accompanied by several navy ship put the Greek armed forces on alert. Mitsotakis warned
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Newsletter 312 - 15/10/2021
that there has been insufficient time since August for this initiative to start paying off... pct disagreed with Tsipras’s decision to oppose it. The role of polling companies, and the Greek... leader Alexis Tsipras, who drew parallels between Kurz and Greek Prime Minister Kyriakos Mitsotakis
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Newsletter 321 - 17/12/2021
how the Greek health system is struggling to cope with the pressure of Covid caused a political stir... KINAL members took part in the run-off vote, compared to around 270,000 who cast their ballots... that for the time being he will not be able to represent KINAL in the Greek Parliament. Although this makes
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US view on Greece proving constant amid change
Agoradiplomacy and acute embarrassment. It would be wrong, though, to dismiss its implications. The Greek prime minister's mistranslation and mangling of a Greek proverb during the final appearance of his long.... Nevertheless, the announcement of the agreement could have been managed better by the Greek government
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Athens bracing for fresh tension with Turkey, sends letter to UN
PoliticsForeign Policyof Greek Prime Minister Kyriakos Mitsotakis and would not meet him at a planned summit this year... for buying the Russian S-400 missile system. Greek diplomatic sources believe that Erdogan’s message against... activity in Athens. For Greek diplomacy, the main aim is to convince partners and allies that any
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Mitsotakis hits back at Erdogan's rhetoric, but leaves door open for meeting
PoliticsForeign Policythe Turkish words "Dayılık yok", meaning “no bullying.” The Greek premier outlined Greece’s policy... few months. Greek diplomats will continue to internationalise issues raised by Ankara as well... exact reasons. The Greek prime minister tried to explain Turkey’s current assertive foreign policy
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Athens meets bond targets despite testing market conditions
EconomyOn Friday afternoon, one day after the successful completion of the bond issue, the Greek Finance... the announcement on Monday, the volatility in the US equity market did not create the ideal conditions... Minister Euclid Tsakalotos stressing that the unfavourable market conditions this week did not prevent
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BoG sees recovery strengthening, proposes post-MoU safety net
Economy) governor Yannis Stournaras outlined the Greek economy’s positive momentum and the challenges that lie... whether Greece will leave the crisis for good. Stournaras found himself at odds with the Greek... as confirming that the Greek economy is on a positive footing. The positive momentum is reflected
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